fusdgsaf

Same. I think about the profits up until judgement day - right now I do not see it, and anybody saying "self-driving" will make it profitable will realize, self-driving will shift the entire paradigm and that's too much uncertainty for me. I'm not comfortable saying "if X leads to Y, leads to Z"the stock wins.

Exactly, what is the barrier to entry in this market. What are the competitive moats around keeping drivers, and what paradigm shifts might cause this to all turn over on its head. Just some questions.

@nojvek

Curious, and again, I'm no expert. Uber Freight grew at 100%+ but what was the cost of capital, and what were the margins? A company out of Florida called Arrive logisitcs is the size of Uber Freight, old school company, and they also grew at that rate.

The argument with FB is diff, FB relies on network effects and a social graph, literally winner take all, you could argue that exists in localized taxi markets, but again, I think of Warren Buffet and "the cirlce of competence". How many investors are reading CH Robinsons annual reports and comparing said numbers? Just some thoughts. Remember, interest rates and capital markets the way they are today, may not be the way they are tomorrow. - WB